Advertisement

Toyota’s new car sales jump 42%

 

    New car sales in the US posted the best month in more than four years, with Toyota Motor showing the biggest rise. 

    The car maker saw sales rise 42% in September.

    Honda reported a jump of  31%, while Chrysler sales increased 12%.       Analysts said buyers in the US were taking advantage of  low interest rates and cheap financing. 

    The US car industry's recovery has been a boon to the economy in recent months. 

    Industry-wide sales were up 12.8% in September compared to a year earlier, to 1.19 million cars and light trucks.                      

   

    

    Calculated on an annualized basis that is 14.94 million vehicles, the highest rate since March 2008. 



Most Popular
IC recommends disciplinary action against...
Six Jamaicans die in Florida highway crash